How to Stake LTO Network (LTO)

Introduction

Staking LTO Network can be an excellent choice for those looking to hold LTO while earning APY in a secure manner and supporting the network. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire LTO Network (LTO) Tokens

   To stake LTO Network, you first need to acquire it. To obtain LTO Network, you'll need to buy it. You can select from these popular exchanges available in South Africa.

   Platform	Mint	Cost
   Uphold	LTO Network (LTO)	0,04
   Binance	LTO Network (LTO)	0
   Bitmart	LTO Network (LTO)	0,07
   Bybit	LTO Network (LTO)	0,1
   CoinEx	LTO Network (LTO)	0,01
   FMFW.io	LTO Network (LTO)	0,05

   View all 18 prices

2. 2. Select a LTO Network Wallet

   Once you have LTO, you'll need to choose a LTO Network wallet to store your tokens securely. Here are some solid options to consider.

   Platform	Mint	Staking rewards in South Africa
   Binance	LTO Network (LTO)	Up to 1,8% APY
   MyCointainer	LTO Network (LTO)	Up to 7,08% APY

   View all 5 staking rewards available

3. 3. Delegate Your LTO

   We recommend using a staking pool when staking LTO. It's simpler and quicker to get started. A staking pool is a collective of validators who combine their LTO, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the LTO Network network. You'll be rewarded with LTO for these validations.

What to Keep in Mind

There are transaction and staking pool fees you need to take into account. Additionally, there may be a waiting period before you begin earning rewards. The staking pool will need to generate blocks, and this process can take some time.